Gazprom is going to increase exports to APO because of LNG production

Gazprom is going to increase exports to APO because of LNG production, the Chairman of the Management Board of the concern A. Miller says. LNG gives us an opportunity to sell products to the target consumers without transit countries participation. It also gives an opportunity to maneuver with trade volumes for making use of the state of affairs and obtaining of arbitration profit at the spot market. Gazprom is the operator of Sakhalin-2 project that exceeded its projected capacity in 2012 and made over 10 million tons of LNG.

Translated by Nadezhda Poltoratskaya

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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